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Rising Debt, Fewer Workers and Slower Growth Since 2001 – Why?

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Rising Debt, Fewer Workers and Slower Growth Since 2001 – Why?
A billboard showing the U.S. national debt in Washington on July 10, 2023.Madalina Vasiliu/The Epoch Times
Gary Alexander
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Commentary

Something more dramatic than the loss of 3,000 American lives happened on September 11, 2001. We seem to have lost our nerve and taken leave of our financial senses. We launched a series of costly wars in Afghanistan and Iraq (with incursions elsewhere) and passed freedom restrictions disguised as Patriot Acts, and added costly laws and safety cushions that swelled our national debt 10-fold in just 22 years.

Gary Alexander
Gary Alexander
Author
Gary Alexander has been a senior writer at Navellier since 2009. He edits Navellier’s weekly Marketmail and writes a weekly Growth Mail column. For the previous 20 years, he was senior executive editor at InvestorPlace Media, and editor for Wealth Magazine and Gold Newsletter and wrote various investment research reports for Jefferson Financial in New Orleans. He began his financial writing career with KCI Communications in 1980, where he served as consulting editor for Personal Finance while serving as general manager of KCI’s Alexandria House book division.
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